TNB & Partners in association with Norton Rose Fulbright > Jakarta, Indonesia > Firm Profile
TNB & Partners in association with Norton Rose Fulbright Offices
EQUITY TOWER, LEVEL 33, SUDIRMAN CENTRAL BUSINESS DISTRICT, JALAN JEND
SUDIRMAN KAV. 52-53
JAKARTA 12190
Indonesia
TNB & Partners in association with Norton Rose Fulbright > The Legal 500 Rankings
Indonesia > Aviation Tier 1
TNB & Partners in association with Norton Rose Fulbright advises financiers and lessors in the aviation sector in relation to asset finance matters, handling a range of work relating to aircraft leasing, repossession, and suspension of payment obligations. The firm has recently been active in handling restructures of existing lease agreements, and is otherwise noted for its strong relationships with regulators in this space. The firm leverages its alliance with Norton Rose Fulbright and its global footprint to enhance its cross-border capabilities in handling this work. Practice head Tasdikiah Siregar applies her expertise in the banking and finance sector to advise clients on aviation asset finance mandates, much like associate Wira Saputra draws upon his litigation experience in his work in the aviation space.Practice head(s):
Tasdikiah Siregar
Other key lawyers:
Testimonials
‘The team is very proactive in solving our issues. In addition, the team is well-informed in the Indonesian market and is always ready to provide advice on queries related to the Indonesian aviation practices.‘
Key clients
BOC Aviation
AerCap
Merx Aviation Servicing Limited
JSA International U.S. Holdings, LLC
BBAM
Regional One
Carlyle Aviation Management Limited
Dubai Aerospace Enterprise (DAE) Ltd
Work highlights
- Assisted a client in the lease and delivery of 8 Airbus A320-200 aircraft to a newly established Indonesian operator.
- Advised and represented a client in the Suspension of Payment Obligation of PT Garuda Indonesia (Persero) Tbk.
Indonesia > Banking and finance Tier 2
TNB & Partners in association with Norton Rose Fulbright frequently acts as local counsel for Norton Rose Fulbright, advising multinational lenders on complex cross-border financial matters in the South East Asia market. The practice has notable strength in advising aviation clients on asset finance, and regularly acts for renewable energy clients in financial matters. Sustainable finance work is a growing part of the department's offering in Indonesia. Practice head Tasdikiah Siregar handles debt finance, M&A, and regulatory work; associates Wira Saputra and Merlyn Margaretha are also key contacts.Practice head(s):
Tasdikiah Siregar
Other key lawyers:
Key clients
Bangkok Bank Public Company Limited
Bank of America
DBS Bank Ltd.
PT Medco Cahaya Geothermal
United Overseas Bank Limited
Work highlights
- Acting for a number of financial services clients, as lenders, in relation to a U$390 million revolving credit facility agreement.
- Advised the clients on the financing of the 110MW geothermal power plant in East Java granted by PT Sarana Multi Infrastruktur (Persero).
- Acting as Indonesian counsel for Bangkok Bank Public Company Limited on providing a US$655 million debt financing to Star Energy Group Holdings Pte. Ltd.
Indonesia > Foreign firms Tier 2
Norton Rose Fulbright possesses deep knowledge of a wide range of legal, regulatory, compliance and governance issues arising in the region. The firm is also able to draw from its global network to assist clients in Indonesia with cross-border matters. Kresna Panggabean is the managing partner of the Jakarta office and advises companies in argribusiness, as well as oil and gas and mining. In addition, Tasdikiah Siregar focuses her practice on aviation matters, including finance, M&A and regulation, while Benny Bernarto handles corporate and commercial matters.Practice head(s):
Kresna Panggabean
Other key lawyers:
Tasdikiah Siregar; Benny Bernarto; Kent Phillips
Key clients
Bangkok Bank Public Company Limited
ING
Barclays
Bank of America
Accenture Australia Pty Ltd
Enerflex Ltd
Sumitomo Mitsui Banking Corporation
Brenntag Asia Pacific Pte Ltd
ENEOS
Palladium Holdings Pty Ltd
Work highlights
- Acted for a consortium of lenders on the $750m green loan facility to PT Perusahaan Listrik Negara (Persero).
- Acting as Indonesian counsel for Bangkok Bank Public Company Limited on the $655m debt financing to Star Energy Group Holdings Pte. Ltd., a member of the Star Energy group which operates within the geothermal and renewable energy generation sector.
- Advised Enerflex for the Indonesian aspects related to the $735m acquisition of all of the outstanding common stock of Exterran in a stock-for-stock transaction.
Indonesia > Antitrust and competition Tier 3
TNB & Partners in association with Norton Rose Fulbright draws upon its close ties with Norton Rose Fulbright to assist clients with the competition law aspects of high-profile M&A and joint ventures in the Indonesian market, and has solid experience in advising major Indonesian companies on the competition aspects concerning overseas investments. Firm managing partner Kresna Panggabean heads up the practice, and is supported by senior associate Jeremiah Purba, who stands out for his strength in representing technology companies.Practice head(s):
Kresna Panggabean
Other key lawyers:
Testimonials
‘The team is well experienced and collaborative. They know the client’s expectations.’
‘They have a service-oriented mindset and are willing to give strategic advice that is outside the box and yet still practical.‘
Key clients
Brenntag Asia Pacific Pte Ltd
ENEOS
Ferrero
Enerflex Ltd
Work highlights
- Advised Brenntag on the competition law and merger control aspects of its acquisition of the Aik Moh Group.
- Provides advice to Ferrero on competition law matters concerning distribution, dominance and compliance issues across the Asia Pacific region, with a particular focus on Indonesia, Malaysia, China and Singapore.
- Advising ENEOS and TotalEnergies in South East Asia on the competition law aspects of the joint ventures’ expansion across Asia, including merger control aspects.
Indonesia > Corporate and M&A Tier 3
TNB & Partners in association with Norton Rose Fulbright in association with Norton Rose Fulbright is active in relation to M&A and other corporate transactions in the natural resources, energy and logistics sectors, and plays a key advisory role to a number of domestic and international companies in the Indonesian market which operate within those industries. Managing partner Kresna Panggabean is active in these sectors, advising on regulatory issues, compliance strategies and general corporate matters, while Benny Bernarto has a greater focus on complex mergers in the technology field.Practice head(s):
Benny Bernarto; Kresna Panggabean
Testimonials
‘The team provide extremely efficient, hands-on service. They are always standing by to provide support.‘
‘Kresna Panggabean is always watching the communication and is ready to provide high-level support if needed.‘
Key clients
Sandvik Financial Services Pty Ltd
Mitsubishi Chemical Logistics Corporation
Brenntag Asia Pacific Pte Ltd
PT Paragon Technology Innovation
Accenture Australia Pty Ltd
Enerflex Ltd
Siam Commercial Bank
Scope Global Pty Ltd
Schumberger Group
Work highlights
- Advised Accenture Australia on the acquisition of two Indonesian entities engaged in branding and marketing services.
- Advised Enerflex on the Indonesian aspects of the acquisition of all of the outstanding common stock of Exterran in a stock-for-stock transaction.
- Advised Brenntag Asia Pacific Pte Ltd, as local counsel, on the acquisition of T Aik Moh Chemicals Indonesia and PT Staris Chemicals.
Indonesia > Labour and employment Tier 3
TNB & Partners in association with Norton Rose Fulbright has experience in handling employment and labour disputes, while similarly possessing strong transactional capabilities, advising on the employment aspects of complex cross-border M&A. Drawing on its association with Norton Rose Fulbright, it is particularly well-versed in assisting international clients with adapting their global employment policies to Indonesian requirements. Lead Kresna Panggabean is the key contact.Practice head(s):
Kresna Panggabean
Testimonials
‘Commendable work. Approachable and responsible attorneys. They give comprehensive responses that cover relevant matters which may have not been specifically asked about but are reasonably foreseeable. A reliable team.’
Key clients
Accenture Australia Pty Ltd
AT Kearney Indonesia
Sun Cable Energy
Abt Associates
Amdocs
Bechtel Mining Services
Scope Global Pty Ltd
TDCX Group
Work highlights
- Advised Accenture Australia on the acquisition of two Indonesian entities engaging in branding and marketing services, adding more than 150 people to Accenture.
- Advised Amdocs Group in various employment matters, including the preparation and adaption of their global policy to Indonesia and preparation of relevant employment contract templates.
- Advising Bechtel Mining Services in various employment matters, including the preparation of relevant employment contract templates in Indonesia.
Indonesia > Restructuring and insolvency Tier 3
TNB & Partners in association with Norton Rose Fulbright has a particularly strong restructuring offering in matters connected with the aviation sector; joint practice heads Kresna Panggabean and Tasdikiah Siregar have significant experience in advising lessors in the restructuring of aircraft leases. The firm’s know-how also extends to a number of other industries, including oil and gas, energy, and mining.Practice head(s):
Tasdikiah Siregar; Kresna Panggabean
Key clients
Aimia Proprietary Loyalty SG Pte Ltd
Thales Avionics Inc
Work highlights
- Advised the syndicated lenders on the suspension of payment obligations of a telecoms company.
- Advised Thales Avionics on the suspension of payment obligations of PT Garuda Indonesia (Persero) Tbk.
- Advised BOC Aviation (France) SARL on the suspension of payment obligations of PT Garuda Indonesia (Persero) Tbk.
Indonesia > Dispute resolution Tier 4
TNB & Partners in association with Norton Rose Fulbright' team acts for domestic companies in international arbitration, investigations and enforcement matters, often involving cross-border elements. Managing partner Kresna Panggabean heads up the practice, and brings experience in representing agricultural, oil and gas and mining sector clients in criminal and civil litigation and ADR matters.Practice head(s):
Kresna Panggabean
Testimonials
‘Good quality of work and very responsive.’
Key clients
Noble Plantations Pte Ltd
TIMWE Asia Pacific SDN. BHD
PT Schlumberger Geophysics Nusantara
PT IOL Indonesia, a subsidiary of Bureau Veritas group
Work highlights
- Defended Noble Plantations against a claim to cancel the distribution of the bankruptcy estate of PT Pusaka Agro Lestari.
- Defending TIMWE Asia Pacific against an in absentia court decision.
- Advised the syndicated lenders on the suspension of payment obligation of telecoms company PT Net Satu Indonesia; the firm is also advising on the restructuring strategy for PT Net Satu.
Indonesia > IT, Telecoms and Fintech
TNB & Partners in association with Norton Rose Fulbright > Firm Profile
The firm: Strategically positioned in the country’s financial and commercial centre in Jakarta, TNB & Partners works exclusively with Norton Rose Fulbright Australia to provide clients with the highest quality legal services and experience in the Indonesian market.
The firm is strong across banking and finance, corporate and commercial work, and actively supports major local and international companies participating in Indonesia’s vibrant emerging economy.
As part of Norton Rose Fulbright’s global platform, the firm can draw on the depth and strength of its global practice. This allows clients to benefit from an international reach in markets and jurisdictions around the world.
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Head of Jakarta | Kresna Panggabean | kresna.panggabean@nortonrosefulbright.com |
Languages
English IndonesianOther
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